On the morning of January 13, 2026, CENTRAL Construction JSC, in collaboration with the Investor – Dai Quang Minh Real Estate Investment JSC, officially held the Groundbreaking Ceremony of the SARENE Residence & Commercial Complex at Sala Thu Thiem New Urban Area, Ho Chi Minh City.
The ceremony marked a significant milestone, officially restarting and opening a new development phase of the Sala Urban Area—a flagship project of Dai Quang Minh, THACO Group, located in Thu Thiem, the emerging financial and administrative center of Ho Chi Minh City.
The event also reaffirmed the strong comeback of Dai Quang Minh at the 257-hectare Sala Urban Area, following more than a decade of completing and consolidating the legal and regulatory framework.
The ceremony was attended by representatives of local authorities, leadership of involved parties, consultants, subcontractors, and suppliers, demonstrating strong alignment and commitment among stakeholders.
PROJECT INFORMATION:
| Project Name: | SARENE Residence & Commercial Complex |
| Location: | Sala Thu Thiem New Urban Area, Ho Chi Minh City |
| Investor: | Dai Quang Minh Real Estate Investment JSC |
| Scale: | 4 towers, 2 basements, 3 podiums, 26 floors |
| Architectural Consultant: | Ong & Ong Pte. Ltd. |
| Supervision Consultant: | Artelia Vietnam Co., Ltd. |
| CFA: | 150,431m2 |
| Land Area: | 16,319.60 m2 |
The SARENE Residence & Commercial Complex is envisioned as a next-generation real estate product, benefiting from outstanding advantages in riverfront landscape, ecological environment, and a large-scale riverside park system, along with a well-integrated transportation network. With dedicated investment from the Investor, the project is expected to deliver a distinctive high-end residential product, worthy of its prime location within the Sala Urban Area.
The podium is planned as a multi-functional Shop Apartment complex, integrating residential and commercial uses, surrounding the apartment towers with a well-balanced construction density. Community spaces are meticulously designed to ensure harmony, connectivity, and modern architectural aesthetics. Notably, the project enjoys direct connectivity to Metro Line No. 2 and major expressways, significantly reducing travel time between Ho Chi Minh City, Long Thanh International Airport, and Tan Son Nhat International Airport, thereby enhancing long-term value and development potential.
Dai Quang Minh – a strong market return after more than a decade
Dai Quang Minh is one of the most prominent real estate and infrastructure developers within the THACO Group ecosystem. Over the years, the company has not only implemented THACO’s key real estate projects but has also represented joint ventures and played a coordinating role in numerous large-scale, city-shaping urban and infrastructure developments.
Its most notable project is the 257-hectare Sala Urban Area, one of the pioneering model urban developments in Thu Thiem, contributing significantly to the modern urban identity of Ho Chi Minh City’s eastern zone. In addition, Dai Quang Minh has invested in and delivered a series of key infrastructure works in Thu Thiem, including four main arterial roads, Thu Thiem 2 Bridge, Mai Chi Tho Boulevard, and the central lake ring road. These projects not only hold commercial value but also play a strategic role in regional connectivity and urban development.
On behalf of An Khanh Ward, Mr. Nguyen Thanh Trung, Deputy Secretary of the Party Committee and Chairman of the People’s Committee of An Khanh Ward, stated: “With the close attention and guidance of Ho Chi Minh City authorities, along with continuous efforts to address legal and planning challenges, the Sala Urban Area has now fulfilled all necessary conditions to resume investment activities in accordance with approved orientations. In recent times, the An Khanh Ward People’s Committee has actively supported and will continue to accompany the Investor, promptly resolving arising issues to ensure a stable, transparent, and effective investment environment, harmonizing the interests of the State, businesses, and the local community.”
Speaking at the ceremony, Mr. Nguyen Hoang Tue, President of Dai Quang Minh Real Estate Investment JSC, shared: “We sincerely thank the leadership of An Khanh Ward, our partners, banks, contractors, and consultants for their continued support and companionship throughout the project implementation process. With a spirit of responsibility, dedication, and professionalism, we are committed to delivering the project on schedule, ensuring quality, safety, and progress, and continuing to contribute positively to the sustainable development of Thu Thiem New Urban Area and Ho Chi Minh City.”
CENTRAL is honored and proud to be selected by Dai Quang Minh, a member of THACO Group, as the Main Contractor for the SARENE Residence & Commercial Complex. This is the largest-scale project and the very first to be implemented immediately upon the official relaunch of the Sala Urban Area, marking an important milestone that opens a new development phase for Sala Thu Thiem.
Immediately after the ceremony, CENTRAL’s PMB commenced deployment of construction activities. Given the SARENE Residence & Commercial Complex’s large scale and high technical requirements, it demands maximum focus and rigorous execution. To honor the trust placed by the Investor, CENTRAL’s PMB is fully committed to delivering excellence, continuously improving performance, and striving to become a long-term, strategic construction partner of THACO Group, ready to accompany the Investor across all future developments.
